Carotenoids Market to reach a market size of $2 billion by 2025
According to a new report Global Carotenoids Market, published by KBV Research, The Global Carotenoids Market size is expected to reach $2 billion by 2025, rising at a market growth of 4.7% CAGR during the forecast period.
The Europe market dominated the Global Synthetic Carotenoids Market by Region 2018, growing at a CAGR of 3.81 % during the forecast period. The North America market is expected to witness a CAGR of 3.8% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 4.22% during (2019-2025).
The Astaxanthin market dominated the Global Carotenoids Market by Product 2018, growing at a CAGR of 4.4 % during the forecast period. The Capsanthin market is expected to witness a CAGR of 4.5% during (2019-2025). Additionally, The Lutein market is expected to witness highest CAGR of 4.5% during (2019-2025).
The Animal Feed market dominated the Global Carotenoids Market by Application 2018 growing at a CAGR of 4.4 % during the forecast period. The Human Food market is expected to witness a CAGR of 4.5% during (2019-2025). Additionally, The Dietary Supplement market is expected to witness highest CAGR of 5.4% during (2019-2025).
Full Report: https://www.kbvresearch.com/carotenoids-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of BASF SE, FMC Corporation, Cyanotech Corporation, Chr. Hansen Holding A/S, DDW, Inc., Koninklijke DSM N.V., Kemin Industries, Inc., Doehler Group SE, Allied Biotech Corporation and Excelvite SDN. BHD.
Global Carotenoids Market Segmentation
By Source
Natural
Synthetic
By Product
Astaxanthin
Capsanthin
Lutein
Beta-carotene
Lycopene
Other Products
By Application
Animal Feed
Human Food
Dietary Supplement
Other Applications
By Geography
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Singapore
Australia
Rest of Asia Pacific
LAMEA
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA
Companies Profiled
BASF SE
FMC Corporation
Cyanotech Corporation
Chr. Hansen Holding A/S
DDW, Inc.
Koninklijke DSM N.V.
Kemin Industries, Inc.
Doehler Group SE
Allied Biotech Corporation
Excelvite SDN. BHD.
Carotenoids Market Related Reports: